2014.06.27 Gold Cycle Model Chart

2014.06.27 Gold Cycle Model Chart

The gold cycle model continues to confirm we may have passed a multi-year bottom on the gold price curve. The previous model run from 2014.05.30 is shown below and here. I have also placed the long term gold cycle model chart reaching out to 2020 here.

2014.05.30 Gold Cycle Model Chart

2014.06.15 XOI.X Cycle Model Chart

2014.06.13 XOI.X Cycle Model Chart

The Amex Oil Index cycle model is predicting a top in the price curve.  According to the model, the price should drift lower to approximately 1000, bottoming in November, 2015.  The model has performed well in the past, as shown below. Obviously, geopolitical factors may come into play at this time, and these factors are not reflected in the model structure.

2014.02.07 XOI.X Cycle Model Chart

A pointer to the chart above as it previously appeared in the blog is here.

2014.05.30 Gold Cycle Model Chart

Gold Cycle Model 2014.05.30

The gold cycle model suggests the low point for gold is past, and prices should continue to increase over the next year. An iteration of the gold cycle model from 2014.03.20 is presented below and here.

Gold Cycle Model 2014.03.20